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Technology Stocks : Source Media SRCM

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To: Smilodon who wrote (2188)2/22/1999 5:36:00 PM
From: MW  Read Replies (1) of 3015
 
poindexter;

thank you for reiterating your position on srcm.

<<My past and current opinion on SRCM:

SRCM management is still a bunch of promoters with no business talent.

The brokerage houses covering SRCM have been compensated with investment banking fees or warrants and thus are not objective.

I am evil for reading the 10Qs and 10Ks when I should have been a good boy and just blindly accepting anything management tells me. Then I could be just like you and good sheep.

Their technology is outdated and will soon be rendered obsolete.

Their intellectual property claims have yeilded only a small settlement years ago and have very little value.

If this deal doesn't close, they will go bankrupt next year. If it does close, they will probably still go under, it will just take longer.

SRCM stock is a zero waiting to happen. I have shorted it in the teens, 20's and 30's. And based on my calculations, all those numbers are much higher than zero. That's a math thing, you wouldn't understand.>>

So I ask you again,

If all of the above is true, than how did SRCM make such a bad deal if at the very worst they gave themselves another year of life???

A little inconsistent, don't you think?? Then again, when you scramble all over trying to manipulate information you're bound to contradict yourself plenty.

You've deteriorated poindexter, and it's rather sad.
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